Discover lender rights with recourse loans: seize collateral in defaults, differences from non-recourse loans, implications, ...

Recourse – The borrower (or guarantor) is personally liable for the full amount of the loan, including any debt remaining after the collateral is foreclosed upon and sold. To satisfy the remaining ...

Learn what a non-recourse sale is, how it works, and its implications for buyers and lenders, including associated risks and ...

With recourse factoring, you're responsible for the debt if your customers don’t pay. With non-recourse factoring, the factoring company accepts the loss for nonpayment. Many, or all, of the products ...

A non-recourse loan is a type of debt that’s secured by collateral, such as an individual’s car, house or another typically illiquid asset. By securing a non-recourse loan, the lender won’t have the ...

Generally, all income-producing properties, excluding unimproved land, are considered commercial real estate (CRE). The two financing options for CRE are recourse and nonrecourse loans. There are ...

The Federal Reserve's most recent Financial Stability Report addressed what many industry watchers had been convinced of for some time: the commercial real estate sector is in a precarious state. The ...

For many trucking companies, cash flow is the lifeblood that keeps wheels turning. While hauling freight is the core of the business, carriers often face a frustrating reality: waiting weeks, or even ...

Wade McGuinn had navigated almost four decades of up-and-down cycles as an adversity-tested, strong-reputation-driven, three-market homebuilder out of Columbia, S.C. McGuinn – like many a ...

DELRAY BEACH, FL / ACCESSWIRE / January 16, 2024 / Business owners who benefit from using invoice factoring often face important decisions when starting a factoring relationship. While many businesses ...

HONG KONG, Feb 4 (Reuters) - State-owned China National Chemical Corp (ChemChina) plans for a mix of recourse and non-recourse loans to fund a $43 billion bid for Swiss seeds and pesticides group ...

CHATTANOOGA, Tenn.--(BUSINESS WIRE)--CBL Properties (NYSE: CBL) today announced that it has completed a partial redemption of outstanding 10% Senior Secured Notes. The Notes were redeemed utilizing ...